Ripoff Report Needs Your Help!
Report: #608151

Complaint Review: OCWEN FEDERAL BANK FSB - Orlando Florida

  • Submitted:
  • Updated:
  • Reported By: Janet — Munster Indiana United States of America
  • Author Not Confirmed What's this?
  • Why?
  • OCWEN FEDERAL BANK FSB 12650 Ingeunity Drive Orlando, Florida United States of America

OCWEN FEDERAL BANK FSB Ocwen Loan Servicing Ocwen Held a Gun to My Head and I Gave Them My House Orlando, Florida

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

In 2004, Ocwen purchased my loan from the original bank that held my mortgage.

Very soon after that, I began receiving phone calls, several per day, early in the morning through late at night. Ocwen said I was behind in my payment (and I was, but only by a few days) and I needed to get then a specified amount of money by a particular day. I followed their instructions, paid their exhorbanant late fee and thought the matter was tabled.

A few days later, a representative called and said that the payment I sent was not received in time, and it made my mortgage not one month late, but two. Again large late fees were attached, but not having any other avenue to follow, I got a certified check and sent it by overnight courier.

A few days later, a representative called and told me that I still owed more in late fees, and over and over again.

From the time I was a few days late with my payment, I was never able to catch up and make the mortgage current.

Ocwen finally forclosed on my mortgage in 2005.

I lost the house that our family had spent many summers and Christmas vacations. I have owned two homes for more than twenty five years and had never had any trouble with a mortgage company before. The house was valued at 500k and I walked away from it for a 200K mortgage.

Ocwen stole my home just as if it was holding a gun to my head. Soon after the foreclosure, the stress of the past year helped in making suicidal and I was hospitalized in May of 2005.

Now, in 2010, I am just able to start moving ahead with issues that I have been unable to deal with in the past five years. My credit report is a shambles and I lost all of the equity in my home which was all of my savings.

I want my house back!

This report was posted on Ripoff Report on 05/28/2010 05:54 AM and is a permanent record located here: The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

Segment Now